Matthew Lauro, SVP Commercial Lending, MountainOne Bank, was recently one of the thought leaders featured in an article published by Massachusetts Business Network (MBN). Specifically, the article covered entrepreneurship, and what one needs to know before starting a business.
In this thought leadership article, six experts from various industries shared their best advice for new entrepreneurs, since data has shown that there was a major surge in the number of applications for new businesses in 2020 (as cited). Read Matthew’s advice in the section titled “understanding your financials” here. And for more information on how we support small businesses, visit: MountainOne.com/business.
MountainOne is a mutual holding company headquartered in North Adams, MA. Founded in 1848, MountainOne Bank provides a complete array of personal and business banking and electronic services. MountainOne Bank is a Member FDIC, Member DIF, and Equal Housing Lender. Products and services are offered at full service offices in the Berkshires (Pittsfield, North Adams, Williamstown) and on Boston’s South Shore (Quincy, Rockland, Scituate).